Aurum Holdings engages banks ahead of stock market flotation

Britain’s biggest jewellery and watch retailer, Aurum Holdings, has readied itself to enter London’s stock market by securing a deal with two banks.

According to exclusive reports from Sky News, the jewellery and watch group has selected Goldman Sachs and Barclays to spearhead a public listing. It has been reported that the listing is likely to take place in approximately one year’s time.

The plans, led by Aurum’s owner Apollo Global Management, are reportedly at an early stage. Apollo purchased the company in 2012.